Aug. 8 at 3:42 PM
$DBX beats EPS estimates by 12.7%, but is revenue decline a red flag? 🤔
📉 Revenue fell 1.4% YoY, impacted by FormSwift and outbound sales cuts.
📈 Non-GAAP operating margin jumps 550 bps YoY thanks to cost reductions.
See if DBX's strategic shifts could turn the tide 👉 https://www.zacks.com/stock/news/2684785/dbx-q2-earnings-beat-estimates-revenues-fall-yy-shares-rise?cid=sm-stocktwits-2-2684785-body-6933&ADID=SYND_STOCKTWITS_TWEET_2_2684785_BODY_6933